What is Zacks Research’s Estimate for AIT Q1 Earnings?

Applied Industrial Technologies, Inc. (NYSE:AITFree Report) – Stock analysts at Zacks Research increased their Q1 2026 earnings estimates for Applied Industrial Technologies in a research note issued on Tuesday, June 10th. Zacks Research analyst S. Roy now forecasts that the industrial products company will earn $2.50 per share for the quarter, up from their previous estimate of $2.49. The consensus estimate for Applied Industrial Technologies’ current full-year earnings is $9.90 per share. Zacks Research also issued estimates for Applied Industrial Technologies’ FY2027 earnings at $11.59 EPS.

Several other equities analysts have also commented on AIT. Raymond James reissued an “outperform” rating and issued a $250.00 target price (down from $265.00) on shares of Applied Industrial Technologies in a report on Friday, May 2nd. Loop Capital lowered their price objective on shares of Applied Industrial Technologies from $320.00 to $290.00 and set a “buy” rating for the company in a research report on Thursday, April 17th. Finally, KeyCorp reduced their target price on Applied Industrial Technologies from $325.00 to $275.00 and set an “overweight” rating on the stock in a report on Monday, March 17th. Two research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $285.00.

Get Our Latest Analysis on Applied Industrial Technologies

Applied Industrial Technologies Trading Down 0.1%

Shares of AIT stock opened at $230.03 on Thursday. The stock has a market cap of $8.76 billion, a P/E ratio of 23.31, a price-to-earnings-growth ratio of 3.14 and a beta of 0.93. Applied Industrial Technologies has a 1 year low of $181.35 and a 1 year high of $282.98. The company has a current ratio of 3.76, a quick ratio of 2.55 and a debt-to-equity ratio of 0.32. The stock has a 50 day simple moving average of $226.84 and a 200 day simple moving average of $241.87.

Applied Industrial Technologies (NYSE:AITGet Free Report) last posted its quarterly earnings data on Thursday, May 1st. The industrial products company reported $2.57 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.40 by $0.17. Applied Industrial Technologies had a net margin of 8.62% and a return on equity of 22.37%. The firm had revenue of $1.17 billion during the quarter, compared to the consensus estimate of $1.17 billion. During the same quarter in the previous year, the firm posted $2.48 EPS. The business’s revenue for the quarter was up 1.8% compared to the same quarter last year.

Applied Industrial Technologies announced that its Board of Directors has approved a stock buyback plan on Thursday, May 1st that authorizes the company to repurchase 1,500,000 outstanding shares. This repurchase authorization authorizes the industrial products company to purchase shares of its stock through open market purchases. Stock repurchase plans are usually a sign that the company’s board of directors believes its stock is undervalued.

Applied Industrial Technologies Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, May 30th. Investors of record on Thursday, May 15th were given a dividend of $0.46 per share. The ex-dividend date of this dividend was Thursday, May 15th. This represents a $1.84 annualized dividend and a yield of 0.80%. Applied Industrial Technologies’s dividend payout ratio is presently 18.47%.

Institutional Investors Weigh In On Applied Industrial Technologies

A number of institutional investors have recently added to or reduced their stakes in AIT. SBI Securities Co. Ltd. bought a new stake in shares of Applied Industrial Technologies in the fourth quarter worth $44,000. Van ECK Associates Corp lifted its holdings in Applied Industrial Technologies by 34.6% during the 4th quarter. Van ECK Associates Corp now owns 34,054 shares of the industrial products company’s stock worth $8,155,000 after buying an additional 8,760 shares during the period. HighTower Advisors LLC grew its position in shares of Applied Industrial Technologies by 13.0% in the 4th quarter. HighTower Advisors LLC now owns 4,463 shares of the industrial products company’s stock valued at $1,069,000 after buying an additional 513 shares during the last quarter. Prudential Financial Inc. increased its stake in shares of Applied Industrial Technologies by 64.7% in the fourth quarter. Prudential Financial Inc. now owns 12,523 shares of the industrial products company’s stock valued at $3,326,000 after buying an additional 4,921 shares during the period. Finally, LPL Financial LLC increased its stake in shares of Applied Industrial Technologies by 23.6% in the fourth quarter. LPL Financial LLC now owns 31,328 shares of the industrial products company’s stock valued at $7,723,000 after buying an additional 5,980 shares during the period. 93.52% of the stock is owned by institutional investors.

About Applied Industrial Technologies

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Applied Industrial Technologies, Inc distributes industrial motion, power, control, and automation technology solutions in North America, Australia, New Zealand, and Singapore. It operates in two segments, Service Center Based Distribution, and Engineered Solutions. The company distributes bearings, power transmission products, engineered fluid power components and systems, specialty flow control solutions, advanced automation products, industrial rubber products, linear motion components, automation solutions, tools, safety products, oilfield supplies, and other industrial and maintenance supplies; and motors, belting, drives, couplings, pumps, hydraulic and pneumatic components, filtration supplies, valves, fittings, process instrumentation, actuators, and hoses, filtration supplies, as well as other related supplies for general operational needs of customers' machinery and equipment.

Further Reading

Earnings History and Estimates for Applied Industrial Technologies (NYSE:AIT)

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